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Megan McArdle

Megan McArdle - Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has worked at three start-ups, a consulting firm, an investment bank, a disaster recovery firm at Ground Zero, and The Economist. More

Megan was born and raised on the Upper West Side of Manhattan, and yes, she does enjoy her lattes, as well as the occasional extra-dry skim-milk cappuccino. Her checkered work history includes three start-ups, four years as a technology project manager for a boutique consulting firm, a summer as an associate at an investment bank, and a year spent as sort of an executive copy girl for one of the disaster-recovery firms at Ground Zero … all before the age of 30.

While working at Ground Zero, Megan started Live From the WTC, a blog focused on economics, business, and cooking. She may or may not have been the first major economics blogger, depending on whether we are allowed to throw outlying variables such as Brad Delong out of the set. From there it was but a few steps down the slippery slope to freelance journalism. She has worked in various capacities for The Economist, where she wrote about economics and oversaw the founding of Free Exchange, the magazine's economics blog. She has also maintained her own blog, Asymmetrical Information, which moved to The Atlantic, along with its owner, in August 2007.

Megan holds a bachelor's degree in English literature from the University of Pennsylvania and an M.B.A. from the University of Chicago. After a lifetime as a New Yorker, she now resides in northwest Washington, D.C., where she is still trying to figure out what one does with an apartment larger than 400 square feet.

Financial tracking

By Megan McArdle
Jun 11 2008, 2:46 PM ET Comment

This article on credit card debt self-help groups is interesting, and also, incredibly hilarious in parts:

Last month, 26-year-old accountant Shawanda Greene says she joined "Girls Just Wanna Have Funds," a recently created Washington, D.C., support group of mostly younger women. Ms. Greene's goal: to figure out why, despite an annual salary of $82,000, she had only $54 in her savings account.

The Girls kicked into action, encouraging Ms. Greene to track her spending. While some of her income was going to pay down debt, including $14,500 in student loans, Ms. Greene realized she was also spending too much on extras, like her $400 Cole Haan boots and her hungry boyfriend, who she says would consume much of her food when he came over. "Things were particularly bad when it came to produce," she says. "He'd eat like four tangerines at once....Sometimes I'd cut up some watermelon, pineapple and strawberries. He'd eat a good 75% of that."

So, Ms. Greene says she dumped him, after frequent arguments about grocery bills and other money matters. The former boyfriend, a 36-year-old engineer named Lindon Fairweather, says he shared grocery costs but acknowledges he did munch a lot of fruit at Ms. Greene's. "I'll eat more than four tangerines, absolutely....I can eat 18 mangoes in two days," he says. "That's just me."


I'm very much enjoying picturing the expression on his face when a reporter from the Wall Street Journal called him to check on his daily fruit consumption. But he must be a very easygoing man. If my boyfriend was counting the tangerines I consumed at his house--and putting them in the same mental basket as $400 shoes--he wouldn't have to worry about breaking up with me. I'd take care of the problem for him.

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